Compliance Lead

At Bionic, we want to make it radically easier for business owners to sort their business essentials. By using a world-class human service, smart technology, and data, our tech-enabled experts help match business owners with the best deals for their energy, connectivity, insurance & finance.

By creating a one-stop-shop for all business essentials, our purpose is to ‘earn the lifetime loyalty of British businesses’.

The Group comprises 3 directly regulated (FCA) trading entities with product reach extending to regulatory regimes covered by Ofgem, Ofwat and Ofcom.

About the Role

Bionic is in the process of a rapid evolution from a business where 2-3 years ago a large proportion of its operation was within an unregulated (intermediary) sector with low rates of change and limited external stakeholder focus. Today, Bionic’s operations extend to a range of closely regulated sectors with new and evolving regulatory and stakeholder requirements. Add to this, products that are pivotal to the survival and prosperity of British businesses and sectors where there has been direct government intervention, and you get to drive the response to a brilliant mix of challenge and impact.

You will be a key senior member of the Legal & Compliance Team which has a remit that extends to some areas of Risk Management. You will be report to the General Counsel and be responsible for the Compliance team including line management of compliance professionals located in London and elsewhere.

Responsibilities

• Conducting and overseeing internal reviews or audits to ensure that compliance procedures are followed. This includes direct oversight of both Line 1 and Line 2 assurance activity across sectors
• Conducting or directing the internal investigation of compliance issues
• Informing, educating, and training colleagues, executives and external stakeholders on matters that are associated with regulations and industry practices
• Evaluating existing business activities and change proposals/projects to assess compliance risk and inform decisions and outcomes
• Designing, articulating, testing and implementing effective plans to manage compliance issues, multi-level assurance provision and mitigation requirements
• Having or gaining evidenced expertise across a range of regulatory sectors/requirements together with internal standards and business goals
• Working cooperatively with and satisfying the assurance requirements of cross-industry suppliers/partners/providers including major consumer brands and listed entities
• Preparing, verifying and filing appropriate compliance reports with regulatory agencies and other third-party stakeholders
• Identifying, articulating and proposing solutions for emerging compliance issues with management/colleagues and external stakeholders
• Ensuring and verifying that all regulatory policies and procedures have been documented, implemented, and communicated

Requirements

• Well-developed organisational and management skills including setting and agreeing priorities in a fast-paced environment.
• Excellent interpersonal skills which enable you to work effectively with team members, and also to collaborate with external auditors internal/external stakeholders as required.
• Resilience combined with robust ethics to enable you to withstand the challenges of an evolving compliance environment and to establish yourself as a trusted authority.
• Excellent verbal and written communication skills to inform and educate employees, and provide correct and accurate compliance reports to management, peers, the Executive team and external stakeholders.
• Senior level experience and proven capability gained with a recognised industry heavyweight in one or more of the following sectors; energy, financial services, telecoms or business loans.
• Adequate experience in risk management and a sound knowledge of legal requirements and controls such as Anti-Money Laundering, DPA and competition law.
• Strong team management experience
• Experience partnering with peers and key stakeholders across a business during a period of change management
• Detail oriented

Not essential but potentially valuable

• Professional certification such as Certified Compliance & Ethics Professional (CCEP)
• A Bachelor’s degree in disciplines such as Economics, Law, or Finance.

Benefits

• 25 days annual leave + office closure between Christmas and New Year & extra day off per year of service up to maximum of 30 days (Incl. the days between Christmas and New Year)
• Life Assurance to the value of 4x basic Salary
• Additional days off for wedding (2 days upon joining)
• Salary Sacrifice Pension
• 2 extra days off per year – family/religious leave and charity leave
• Ability to buy/sell holiday
• Central London office with fantastic communal spaces
• Multiple monthly schemes and incentives
• Ongoing opportunities to progress your career across the business
• Well-being benefits